BRP Inc., together with its subsidiaries, designs, develops, manufactures, distributes, and markets powersports vehicles and marine products in the United States, Canada, Europe, the Asia Pacific, Mexico, Austria, and internationally. The company operates through two segments, Powersports and Marine. It offers all-terrain, side-by-side, and three-wheeled vehicles; seasonal products, such as snowmobiles and personal watercraft; and engines for jet boats, outboards, karts, motorcycles, and recreational aircraft. The company also provides parts, accessories, and apparel, as well as other services. It sells its products through a network of independent dealers and distributors, as well as to original equipment manufacturers. The company was formerly known as J.A. Bombardier (J.A.B.) Inc. and changed its name to BRP Inc. in April 2013. BRP Inc. was founded in 1937 and is headquartered in Valcourt, Canada.
BRP Inc Dividend Announcement
• BRP Inc announced a quarterly dividend of $0.16 per ordinary share which will be made payable on 2025-01-14. Ex dividend date: 2024-12-31
• BRP Inc annual dividend for 2024 was $0.62
• BRP Inc annual dividend for 2023 was $0.54
• BRP Inc's trailing twelve-month (TTM) dividend yield is 1.17%
• BRP Inc's payout ratio for the trailing twelve months (TTM) is 24.03%
• BRP Inc's dividend growth over the last five years (2018-2023) was 14.63% year
BRP Inc Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-31 | $0.16 | quarterly | 2025-01-14 |
2024-09-27 | $0.16 | quarterly | 2024-10-11 |
2024-06-28 | $0.15 | quarterly | 2024-07-12 |
2024-04-05 | $0.15 | quarterly | 2024-04-22 |
2023-12-28 | $0.14 | quarterly | 2024-01-12 |
2023-09-28 | $0.13 | quarterly | 2023-10-13 |
2023-06-29 | $0.14 | quarterly | 2023-07-14 |
2023-03-31 | $0.13 | quarterly | 2023-04-17 |
2022-12-29 | $0.12 | quarterly | 2023-01-13 |
2021-04-01 | $0.10 | quarterly | 2021-04-19 |
2020-12-30 | $0.09 | quarterly | 2021-01-14 |
2019-12-24 | $0.08 | quarterly | 2020-01-10 |
2019-09-26 | $0.08 | quarterly | 2019-10-11 |
2019-06-27 | $0.08 | quarterly | 2019-07-12 |
2019-03-28 | $0.07 | quarterly | 2019-04-12 |
2018-12-27 | $0.07 | quarterly | 2019-01-11 |
2018-09-27 | $0.07 | quarterly | 2018-10-12 |
2018-06-28 | $0.07 | quarterly | 2018-07-13 |
2018-03-28 | $0.07 | quarterly | 2018-04-13 |
2017-12-28 | $0.06 | quarterly | 2018-01-12 |
2017-09-28 | $0.06 | quarterly | 2017-10-13 |
2017-06-28 | $0.06 | quarterly | 2017-07-13 |
BRP Inc Dividend per year
BRP Inc Dividend growth
BRP Inc Dividend Yield
BRP Inc current trailing twelve-month (TTM) dividend yield is 1.17%. Interested in purchasing BRP Inc stock? Use our calculator to estimate your expected dividend yield:
BRP Inc Financial Ratios
BRP Inc Dividend FAQ
Other factors to consider when evaluating BRP Inc as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: BRP Inc's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, BRP Inc publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, BRP Inc distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from BRP Inc are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: BRP Inc sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, BRP Inc distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: BRP Inc declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of BRP Inc's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review BRP Inc's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.